The luxury department store, a unit of New York-based Macy’s, announced it would close its 339,000-square-foot flagship store at the half-empty San Francisco Centre at 865 Market Street, near Union Square, the San Francisco Chronicle and San Francisco Business Times reported.

Retailers to shutter nearly 20 underperforming locations as part of a national downsizing strategy in the industry.

The move will leave the struggling mall with another space to fill, and the luxury department store’s only full-line locations outside the city.

Bloomingdale’s plans to shutter its massive store within the San Francisco Centre shopping mall in the coming months, the company confirmed to FOX Business.

Safety concerns in the Union Square neighborhood spurred an exodus of retailers in 2023. San Francisco Centre’s other anchor, Nordstrom, shut its 312K SF store at the mall in 2023 after 35 years at the location, and Cinemark vacated its 52K SF theater at the mall.

Bloomingdale’s will close its downtown San Francisco store in spring 2025, ending nearly two decades in the city and leaving SF Centre anchorless.

The Bloomingdale’s announcement is just the latest major retailer to abandon the struggling San Francisco Center, once known as Westfield Mall. The shopping center is struggling to rebound from the COVID pandemic, which struck downtown San Francisco harder than most other cities.

The flagship Macy's location in San Francisco's once bustling Union Square shopping district is one of the stores set for closure in the wake of the company's Tuesday announcement that it would be ...

The closure will deepen the challenges faced by the struggling mall and reflects the broader decline of retail in the city.

Another dominating presence in San Francisco’s Union Square is expected to change hands, with new reports that Host Hotels & Resorts Inc. is planning to put the Grand Hyatt San Francisco on the market,

SAN FRANCISCO - Bloomingdale's is closing its flagship store at the San Francisco Centre Mall on Market Street. Company spokeswoman Jennifer Chadroff said Bloomingdale's is "saddened" to say that the store will officially close its doors in San Francisco as the "vibrant city" has been home to the brand for nearly 20 years.

Bloomingdale's will close its San Francisco flagship store by late spring, a reflection of broader retail market shifts.